Based on the last 12 Balance of Trade events in Japan, we expect a $4,182,000 movement on NKD within 48 hours following the event release at 19 Apr 23:50. We expect NKD to trend upwards 48 hours following the event release at 19 Apr 23:50 if the released value is > ¥420B
Historical events that allowed us to draw this conclusion
17 Mar 23:50 |
18 Feb 23:50 |
17 Sep 23:50 |
17 Jul 23:50 |
18 Jun 23:50 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
